On page 1, line 2, of the Introduced bill, delete "charitable organizations " and insert "nonprofit corporations "
On page 1, after line 3, of the Introduced bill, insert "
Section 1. That a NEW SECTION be added:
47-24-18. Definitions.
Terms as used in this Act mean:
(1) "Nonprofit corporation," as defined in § 47-22-1(4);
(2) "Charitable trust," as defined in section 4947(a)(1) of the United States Internal Revenue Code as amended and in effect on January 1, 2021.
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On page 1, line 5, of the Introduced bill, after "added:" insert "47-24-19"
On page 1, line 7, of the Introduced bill, delete " make any annual filing or reporting that is required of a charitable organization or charitable trust under state statute or federal law more stringent, restrictive, or expansive except to the extent the organization or trust has received a state grant or contract, or if the organization or trust is the subject of a state fraud investigation or an enforcement action by the state" and insert " require any annual filing or reporting of a nonprofit corporation or charitable trust that is more stringent, restrictive, or expansive than that required by state or federal law"
On page 1, after line 11, of the Introduced bill, insert "
Section 3. That a NEW SECTION be added:
47-24-20. Exceptions.
The provisions in § 47-24-19 do not apply to:
(1) Any information required to determine eligibility for or compliance with a state grant or contract; or
(2) Any information required for, or obtained in the course of, a state fraud investigation or an enforcement action by the state.
Any information obtained shall be confidential and its disclosure is restricted as provided by law.
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